Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $204.1 million in June 2025, declining 1.8% from May 2025 and 3.9% from June 2024. Year-to-date shipments totaled $1.23 billion, a drop of 4.9% from the same period in 2024.
New data reveals OEMs prioritize price, but overlook true sourcing costs. Contract manufacturers say better tools and trained labor are key to restoring U.S. production strength.
¾ÅÉ«ÊÓÆµ has updated the Manufacturing Mandate, which emphasizes advanced manufacturing as central to the national agenda. The elements outlined are crucial for achieving technological leadership, stimulating economic growth, and protecting national security.
Shipments of cutting tools, measured by the Cutting Tool Market Report, totaled $207.8 million in May 2025. Orders dropped 2.3% from April 2025 and 5% from May 2024. Year-to-date shipments totaled $1.03 billion, a drop of 5.1% from the same period in 2024.
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled by ¾ÅÉ«ÊÓÆµ and USCTI, totaled $212.8 million in April 2025. Orders increased 2.7% from March 2025 but were down 2.8% from April 2024. Year-to-date shipments totaled $818.3 million.
No matter what you manufacture — be it airplanes, automobiles, or amphibious assault vehicles — it may be time to rethink your approach, and not just in a minor way.
Check in for the highlights, headlines, and hijinks that matter to manufacturing. These lean news items keep you updated on the latest developments.
Shipments of cutting tools, measured by the Cutting Tool Market Report compiled by ¾ÅÉ«ÊÓÆµ and USCTI, totaled $207.1 million in March 2025. Orders increased 4.3% from February 2025, fell 4.2% from March 2024, and totaled $605.6 million year to date.
It’s not just about speed on the racetrack. It’s about precision, repeatability, and empowering people with the tools and insights to do the job right the first time.
Europe shows resilience amid global pressures and declining export demand from China and elsewhere. Will interest rate cuts and strong private consumption improve the 2025 forecast for modest growth? For more industry intel and other tidbits, read on.